Participating banks at the sixth China International Import Expo have been working to provide financial services to their clients. Among them is the Export-Import Bank of China, a state-owned policy bank that supports China's foreign trade, investment, and international economic cooperation. Gao Ang walks us through their works at the expo.
As a major event aimed at promoting high-standard opening-up, increasing imports and easing market access for foreign investors, the CIIE has witnessed participating banks play a critical role.
They provide financing and financial services for domestic importers and overseas exporters.
GAO ANG ，Reporter
"This year marks the tenth anniversary of the Belt and Road Initiative. To deepen cooperation, some state-owned banks have been making intensive efforts to help Belt and Road partner countries to increase their trade."
Chen Bin，Vice President，The Export-Import Bank of China
"In recent years, facing various internal and external challenges, the bank has continued to increase its support for the import and export trade of the Belt and Road partner countries by channeling credit resources and optimizing product systems. As of the end of last year, the bank's outstanding balance of loans for trade and economic cooperation exceeded one trillion yuan, accounting for more than 40 percent of the loans supporting Belt and Road cooperation."
"In recent years, facing various internal and external challenges, the bank has continued to increase its support for the import and export trade of the Belt and Road partner countries by channeling credit resources and optimizing product systems. As of the end of last year, the bank's outstanding balance of loans for trade and economic cooperation exceeded one trillion yuan, accounting for more than 40 percent of the loans supporting Belt and Road cooperation."
LIN GANG, General Manager, Client & Credit Management Department, The Export-Import Bank of China
"To serve this year's CIIE, the bank released its first strategic advisory report titled Embracing the Opportunities of RCEP to Promote High-quality Development of Economic Cooperation and Trade."
The Export-Import Bank of China is only one of the state-owned banks that have been offering financial support for the expo.Official data shows that the previous five expos have resulted in about 350 billion U.S. dollars' worth of tentative deals.
With easier access to financing and more facilitated financial services, more deals and expanded cooperation are expected at the sixth edition of the expo.
时政要闻
公告信息